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address this pressing open question in public finance, we estimate a life-cycle model in which the optimal employment …, retirement and consumption decisions of forward-looking individuals depend, inter alia, on life expectancy and the design of the …
Persistent link: https://www.econbiz.de/10009269241
This paper interprets accidents occurring on the way to and from work as negative health shocks to identify the causal … effect of health on labor market outcomes. We argue that in our sample of exactly matched treated and control workers, these … health shocks are quasi-randomly assigned. A fixed-effects difference-in-differences approach estimates a negative and …
Persistent link: https://www.econbiz.de/10011344824
during the 1990s and 2000s reduced the negative employment effects of cancer by 63-70 percent. These benefits of medical …
Persistent link: https://www.econbiz.de/10012022431
approach allows for disentangling the two counteracting mechanisms that drive the employment effects of partial retirement: 1 …) the crowding-out from full-time employment, and 2) the movement from early retirement or unemployment to partial … working lives but reduces the overall employment volume. The fiscal consequences of partial retirement are negative but …
Persistent link: https://www.econbiz.de/10011709806
We present quasi-experimental evidence on the effects of increasing the Early Retirement Age (ERA) on older workers' retirement decisions. The analysis is based on social security reforms in Austria in 2000 and 2004, and administrative data allows us to distinguish between pension claims and job...
Persistent link: https://www.econbiz.de/10011526743
We present quasi-experimental evidence on the effects of increasing the Early Retirement Age (ERA) on older workers' retirement decisions. The analysis is based on social security reforms in Austria in 2000 and 2004, and administrative data allows us to distinguish between pension claims and job...
Persistent link: https://www.econbiz.de/10012984833
during economic recessions and as a means to circumvent employment protection legislation …
Persistent link: https://www.econbiz.de/10013318206
This paper considers an alternative way of structuring stochastic variables in a dynamic programming framework where the model structure dictates that numerical methods of solution are necessary. Rather than estimating integrals within a Bellman equation using quadrature nodes, we use nodes...
Persistent link: https://www.econbiz.de/10012968342
workers who are typically less attached to the labor market. -- health ; employment ; income …This paper interprets accidents occurring on the way to and from work as negative health shocks to identify the causal … effect of health on labor market outcomes. We argue that in our sample of exactly matched treated and control workers, these …
Persistent link: https://www.econbiz.de/10009241439
workers who are typically less attached to the labor market. -- health ; employment ; income …This paper interprets accidents occurring on the way to and from work as negative health shocks to identify the causal … effect of health on labor market outcomes. We argue that in our sample of exactly matched treated and control workers, these …
Persistent link: https://www.econbiz.de/10009310038